]> Press Release - Closed-End Funds - Distribution

Templeton Global Income Fund ("GIM") Announces Distribution

From: Franklin Resources, Inc.
Contact: Franklin Templeton Investments
Telephone:(800) 342-5236

Fort Lauderdale, Florida, December 3, 2008. Templeton Global Income Fund (NYSE: GIM) today announced a distribution from net investment income of $0.8807. This amount is comprised of the Fund’s regular monthly distribution from net investment income of $0.042 per share, and an additional year-end distribution from net investment income of $0.8387 per share. This distribution is payable on December 31, 2008 to shareholders of record on December 16, 2008 (Ex-Dividend Date: December 12, 2008).

The Fund’s investment manager is a wholly owned subsidiary of Franklin Resources, Inc. (NYSE: BEN), a global investment management organization operating as Franklin Templeton Investments.   Franklin Templeton Investments provides global and domestic investment management solutions managed by its Franklin, Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett investment teams.  The San Mateo, CA-based company has more than 60 years of investment experience and over $426 billion in assets under management as of October 31, 2008.  For more information, please call 1-800/DIAL BEN® or visit franklintempleton.com.